Exxon shareholders OK measure that could put climate expert on board

May 25, 2016 5:11 PM

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DALLAS/SAN RAMON, Calif Voters at Exxon Mobil's annual meeting approved a measure on Wednesday to let minority shareholders nominate outsiders for seats on the company's board, meaning a climate activist could eventually become a director at the oil giant.

Exxon's board had opposed the proposal, saying it risked increasing the influence of "special interest groups" as oil companies grapple with the impact of the Paris Accord on climate change that aims to curb fossil fuel emissions.